Answer:
Developing nations are concerned with commodity price stabilization because of the following reasons
- There are high price elasticity of supply and demand for many commodities
- Developing economies are often highly dependent on the export of just one or a few commodities.
Explanation:
In recent decades there has been growing concern about the sharp fluctuations of primary product prices, the effects of those fluctuations on particular groups of producers and particular countries, and the measures which might be taken to reduce or offset the fluctuations.
Producing countries have been dominated by proposals for stabilizing world prices of commodities, in particular via the establishment of a “Common Fund” within the framework of UNCTAD's Integrated Program for Commodities.
However, developing nations are concerned with commodity price stabilization because of the two reasons provided above which could result in inflation and deflation.
Explanation:
MLS stands for Multiple Listing or Multiple Listing System. MLS is such a service that is built to assist various brokers in reviewing the lists of various properties in different areas. This list help others purchase their own property to their taste as well as sell their properties.
Under new regulations, when a seller permits a broker to send property to MLS, the broker can make a unilateral blanket bid to agree to accept or refuse all members of that MLS sub-agency.
Answer: $19,800
Explanation;
The Monopolist will maximize output at the point where Marginal Revenue equals Marginal Cost because at this point all resources are being fully utilized.
Total Cost = Average Total Cost * Quantity produced
At the point where MR=MC, the quantity produced is 1,100 units.
The Average Total Cost tallying with this is $18 per unit.
Total Cost = 18 * 1,100
= $19,800
Answer: 6.5%
The yield to maturity is 6.496% (approximated to 6.5% to nearest tenth)
Explanation:
Using the formula (semi annually YTM)
YTM = C + (fv - pv) /t ÷ (fv + pv)/2
C= coupon rate = 7%(1000)= $70
fv = face value = $1,000
pv = price value = $1,032
t = Time to maturity in years = 8years
C + (fv - pv) /t = 70 + (1000–1032)/8
= 70 – (32 /8) =66
(fv + pv) /2 = (1000 + 1032) /2
= 2032 / 2
= 1016
YTM = 66 / 1016
YTM = 0.06496
In % = (6496 / 100,000) × 100
= 6.496%
Approximately.... 6.5%
Answer:
A
Explanation:
The quantitative theory of money states that MV=PT.
M: money supply
V: velocity of circulation (number of times that a dollar changes of holder in a period)
P : price of a typical transaction
T: total number of transactions.
We can also write the equation as MV=PY, because the value of transactions is equal to the GDP (Y).
If M has a constant growth but there are fluctuations in V, then P, Y or both change.
